Ethereum Whale Sells 8,005 ETH, Gains $9.85 Million Profit

Doohyun Hwang

Summary

An Ethereum (ETH) whale reportedly realized about $9.85 million in profit by selling 8,005 ETH they had held for two weeks.
The sale price per unit was $3,751, and the whale still retains 1,577.54 ETH (worth about $5.94 million) in their wallet.
On that day, Ethereum was trading at $3,746 on the Binance Tether (USDT) market, up 0.5% from the previous day.

An Ethereum (ETH) whale realized profits through a large-scale sell-off.

According to OnchainLens data on the 21st (local time), the whale sold 8,005 ETH for approximately $30 million worth of Tether (USDT), realizing about $9.85 million in profit. The selling price per unit was around $3,751.

The whale held these funds for two weeks before executing the massive sale and still retains 1,577.54 ETH (worth about $5.94 million) in their wallet. On this day, Ethereum was trading at $3,746 on the Binance Tether (USDT) market, up 0.5% from the previous day.

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